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Old 11-01-2007, 12:06 AM   #1 (permalink)
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Chrysler laying off thousands of workers
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The decisions will eliminate 750 jobs in the Toledo plant, which makes the Jeep Liberty and Dodge Nitro, and 1,000 jobs at the Belvidere plant, where Chrysler assembles the Dodge Caliber, Jeep Compass and Jeep Patriot.
http://biz.yahoo.com/ap/071031/chrysler_job_cuts.html

I wonder if this is a sign of belt-tightening or a realization that they have way too much capacity for their sales volumes?
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According to the Alberta Energy and Utilities Board, Alberta's oil sand deposits contain approximately 1.7 trillion barrels of bitumen, of which over 175 billion are recoverable with current technology, and 315 billion barrels are utimately recoverable with technological advances. The Athasbasca Oil Sands Deposit is, by itself, the largest petroleum resource in the world. - http://www.SynCrude.CA/users/folder.asp?FolderID=5753 - viewed 10-17-2007
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